Seth Goldfarb

Hyperledger announced it has accepted eight new members and launched a new project focusing on new infrastructure for decentralized identity, including the Ethereum Foundation and Microsoft. The Ethereum Foundation is proud to lend our support to the efforts of both the @EntEthAlliance and @Hyperledger through our membership today. Together, we'll continue to drive forward #Ethereum's […]

Gitcoin and ConsenSys Labs will host a three-week virtual hackathon called Beyond Blockchain from June 24–July 10. The event gives participants the chance to win prizes in Ethereum and ERC-20 tokens posted as bounties on Gitcoin. According to the announcement, the event focuses on bringing blockchain tools and technologies to a wider audience. Funding open-source […]

Cryptocurrency exchange Bitfinex announced the launch of a transparency initiative to coincide with the beginning of the burn mechanism of the company’s LEO token. Bitfinex’s parent company iFinex sold $1 billion in LEO tokens for USDT from private investors during a 10-day token sale in May 2019 to cover an $850 million loss from Crypto […]

Peter Schiff, the CEO of brokerage firm Euro Pacific Capital, believes Facebook’s Libra cryptocurrency will outcompete Bitcoin on stability and fees. BTC advocate Anthony Pompliano disagreed, suggesting the two would help each other grow. Facebook's new crypto currency "Libra" is bad news for Bitcoin. Facebook will target the very market Bitcoin is counting on for growth, […]

PayPal, Mastercard, Visa, Stripe, and Uber will be among over a dozen companies investing approximately $10 million each to back Facebook’s new cryptocurrency. Announced in the Wall Street Journal, the companies will join a consortium to govern the token. Facebook Global Holdings registered “Libra Networks” in Switzerland as a financial technology company focusing on blockchain […]

Bittrex struggled over the last two years amid problems with regulatory compliance and declining market share. As a promotion, the exchange is lowering trading fees and adding Euro markets to expand its reach beyond the U.S. This is the first of such promotions. Regulatory woes Bittrex’s market share fell from 30 percent in August 2017 […]

A screenshot of what appears to be a message from Block.one CEO Brendan Blumer reveals that he expects top social media influencers to be able to generate $50–100 million in revenue from Voice, EOS’s new social media platform. In the message, Blumer suggests that top influencers capable of bringing 50 million followers to the new […]

The FASB and IASB, the two main rule-setting bodies for accounting standards worldwide, cited “lack of usage” as the main reason for not clarifying cryptocurrency accounting treatments. So far, onerous accounting standards have hindered Bitcoin and cryptocurrency adoption. The California Society of CPAs (CalCPA) is pushing for clearer accounting and disclosure rules for cryptocurrencies. Accounting […]

CCN announced that it will be closing down its crypto-news publication. The community reacted with a mixture of skepticism and relief. CCN recently announced its closure, blaming Google’s “June 2019 Core Update,” which changed key aspects of Google’s search algorithm. Since the update on June 3, CCN’s traffic reportedly decreased by 50 percent while its […]

DARMA Capital, a $100 million investment firm heavily invested in Ethereum, is opening to investors who want to go long on cryptocurrency, as first reported by Bloomberg. DARMA Capital is going all-in on cryptocurrency. The firm’s flagship fund is an Ether-heavy portfolio with $100 million in digital assets under management. The fund’s goal is to […]

MakerDAO token holders voted to decrease the stability fee on the Dai stablecoin by 2 percent to 17.5 percent. Executed on May 28, this will be the first time the fee has been lowered in over five months. The MakerDAO platform offers collateralized loans in the Dai stablecoin to users who deposit ether into its […]

Microsoft announced the development of an open-source formal Ethereum smart contract verification scheme for the Solidity programming language. Announced on the Microsoft blog, the tool will be called VeriSol–Verifier for Solidity. VeriSol will enable developers to write specifications for their contracts using an intermediate language that can then be tested using mathematical logic machinery. The Microsoft […]

The U.S. Securities and Exchange Commission (SEC) has sued messaging app Kik over their 2017 ICO for its KIN token. Officials allege that the ICO constituted an unregistered securities offering. Steven Peikin, co-director of the SEC’s Division of Enforcement that Kik “deprived investors of information to which they were legally entitled, and prevented investors from […]